Pacific Building posts 54 per cent sales growth
Glasgow-based construction firm Pacific Building has announced results showing sales growth of more than 50 per cent for the second consecutive year.
The business fit-out specialist, which employs 53 people, grew turnover by 54 per cent in the year to March 2016 to hit £23.3 million, up 68 per cent from £13.3m in the preceding year on the back of as work with big name brands such as McDonald’s.
Operating profits increased by 61 per cent annually, to £1.3m.
Managing director Brian Gallacher said the growth was partly due to the company’s association with global brands which are currently engaged in expansion of their presence north of the border.
Privately-owned Pacific, which has increased turnover every year since it was founded in 2005, said it had won key contracts from a number of established big name clients in the latest year, and with a order book that remains stacked, it said it fully expects a three year in a row of strong year of growth.
The past twelve months have seen Pacific work on Experience Of The Future makeovers for McDonald’s restaurants, including an outlet at Nerston in East Kilbride.
And it converted the Osprey in Newton Mearns into a steakhouse for pubs giant Mitchells and Butler.
A motorcycle village featuring dealerships for brands such as Duacti and Harley Davidson at Hillington Park for Germany’s Patrizia Immobilien was also carried out in a year that involved the terminal redevelopment programme at Glasgow International Airport.